Thursday 25 April 2024

GCFC partners with AGII to accelerate green growth in Africa

The Global Climate Finance Centre (GCFC), a COP28 legacy, has assumed the role of host and secretariat of the Africa Green Investment Initiative (AGII), UAE’s $4.5 billion finance plan aiming to unlock Africa’s green energy potential.    Current


Spinneys to launch IPO; offers 25% of firm's share

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the DFM in Dubai.  


Bain & Company and stc 'top companies': LinkedIn

Consultancy firm Bain & Company and telecom major stc emerged the top companies in UAE and Saudi Arabia respectively, according to the annual list of LinkedIn, the world's largest professional network.   After three back-to-back years at the top of the t


World Bank raises UAE real GDP growth forecast to 3.9%

The World Bank has raised its forecast for the UAE's real gross domestic product (GDP) growth to 3.9% in 2024, compared to its previous forecast in January of 3.7%, a report said. In an economic update published on April 15 on the latest economic developments in the Middle East and


AIM Congress 2024 to help drive global investment

In a landscape marked by economic flux and environmental concerns, the AIM Congress 2024 stands as a beacon of collaboration and insight, poised to drive global investment prospects.   To be  held under the theme, "Adapting to a Shifting Investment Lan


SNB Capital’s Rashed Sharif tops Forbes Asset Managers list

Rashed Sharif, CEO of SNB Capital, has topped the Forbes Middle East Top 30 Asset Managers ranking, controlling $65.6 billion in assets under management (AUM) as of December 2023.    Investcorp’s Mohammed Alardhi has been placed second, managing $52.2


NBB names winner of Bahrain luxury villa, cash prizes

The National Bank of Bahrain (NBB) has announced the first winners of the Thara’a Prize Account raffle draw.    The draw, which was for March 2024 prizes, saw Dhaifalla Masaad Alsalami emerge as the winner of a luxury villa, while Yusuf Ahmed Alsaegh

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